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Tuesday, 08 July 2025, 8:10 pm

    Banking & Insurance

    Pru Life UK secures the Philippines’ first takaful license

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    The insurer Pru Life UK has made history by receiving the first takaful or Islamic insurance license in the Philippines from the Insurance Commission.

    RCBC sustainable finance portfolio nears P100 billion

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    Rizal Commercial Banking Corporation (RCBC) said that its sustainable finance portfolio has reached nearly P100 billion, underscoring its commitment to environmental and social impact within the banking sector.

    PSBank reports 19% rise in nine-month income to P4 billion

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    The Philippine Savings Bank (PSBank), the thrift banking subsidiary of the Metrobank Group, on Monday announced a net income of P4 billion for the nine months ending 30 September 2024, marking a 19 percent increase from the same period last year.

    GoTyme, foodpanda launch loan program for MSMEs

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    GoTyme Bank has partnered with foodpanda in introducing a new loan program designed to empower micro, small, and medium enterprises (MSMEs) within foodpanda’s delivery network.

    Security Bank accelerates digital transformation amid industry changes

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    Security Bank is strategically navigating the evolving financial landscape, demonstrating strong performance in the first half of 2024.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Markets

    APECO launches EU investment drive ahead of PH-EU FTA

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    The Aurora Pacific Economic Zone and Freeport Authority (APECO) will launch an investment mission to Spain and Portugal this November, aiming to attract European investors for key infrastructure projects ahead of the anticipated Philippine-European Union Free Trade Agreement (PH-EU FTA).
    Energy

    MGen unveils PH’s largest solar plant in Nueva Ecija

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    Meralco PowerGen Corp. (MGen) renewable energy unit MGreen and affiliate Terra Solar Philippines Inc., have rated the Nueva Ecija-Bulacan solar project as the largest operational solar facility in the Philippines.
    Environment

    DENR urged to take strategic lead in West Philippine Sea defense

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    Environment Secretary Raphael Lotilla has called on the Department of Environment and Natural Resources (DENR) to play a more assertive role in upholding the country's maritime rights in the West Philippine Sea (WPS), emphasizing its key position in supporting national sovereignty.
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